STATE BILLMD HB 798PASSED

Economic Development - Small, Minority, and Women-Owned Business Accounts - Management Fees (Small Business Increased Access to Capital Act)

Authorizing the Department of Commerce to authorize an eligible fund manager to receive, use, and retain a certain management fee; and authorizing the Department to set an annual cap on the cumulative amount of certain management fees an eligible fund manager may receive.

Status: Passed; Signed or otherwise enacted
Status date: May 12, 2026; 184 days ago
Current chamber: House of Delegates
Session: 2026 Regular Session

MD HB 798 · PassedMay 12

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Bill details

Last action: Approved by the Governor - Chapter 391 · May 12, 2026

Sponsor

SWSarah WolekRepresentative · Democrat · HD-016Primary sponsor

Bill history

Newest first.

May 12, 2026Approved by the Governor - Chapter 391House

Apr 10, 2026Passed EnrolledHouse

Apr 10, 2026Third Reading Passed (126-6)House

Apr 10, 2026House Concurs Senate AmendmentsHouse

Apr 9, 2026Third Reading Passed (42-0)Senate

Apr 9, 2026Second Reading Passed with AmendmentsSenate

Apr 9, 2026Favorable with Amendments {173727/1 AdoptedSenate

Apr 9, 2026Favorable with Amendments Report by FinanceSenate

Show 6 earlier actions

Mar 13, 2026Referred FinanceSenate

Mar 12, 2026Third Reading Passed (124-9)House

Mar 11, 2026Favorable Adopted Second Reading PassedHouse

Mar 10, 2026Favorable Report by Economic MattersHouse

Feb 9, 2026Hearing 2/24 at 1:00 p.m.House

Feb 4, 2026First Reading Economic MattersHouse

Recorded votes

Third Reading PassedMar 12, 2026 · House · 124 yea · 9 nayPassed

Third Reading PassedApr 9, 2026 · Senate · 42 yea · 0 nayPassed

Third Reading PassedApr 10, 2026 · House · 126 yea · 6 nayPassed

Subjects

Economic Development
Commerce and Business
Commerce, Department of
Fees
Minorities
Small Business
Standards and Best Practices
Women

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